Kodal Minerals PLC (LON:KOD – Get Free Report) shares dropped 25.9% on Monday . The company traded as low as GBX 0.23 and last traded at GBX 0.24. Approximately 188,525,234 shares were traded during mid-day trading, an increase of 243% from the average daily volume of 55,004,484 shares. The stock had previously closed at GBX 0.32.
Kodal Minerals Stock Up 4.9%
The firm has a market capitalization of £51.92 million, a PE ratio of -4.70 and a beta of 0.51. The stock has a 50-day simple moving average of GBX 0.31 and a 200-day simple moving average of GBX 0.31.
Kodal Minerals (LON:KOD – Get Free Report) last released its earnings results on Friday, August 29th. The company reported GBX (5.45) EPS for the quarter.
About Kodal Minerals
Kodal Minerals was established and listed on London’s AIM market in 2013, acquiring its flagship asset, Bougouni Lithium Project, in 2016. Kodal Minerals is aiming to be the first West African producer of lithium spodumene and become a significant player in critical minerals production to help drive the global green energy transition.
The Bougouni Lithium Project is located in Southern Mali, 170km south of the capital Bamako in the highly prospective and attractive destination for lithium exploration and development.
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